Sell Silver MAY @ 241500 SL 244000 TGT 237500-236000. MCX - Kedia Advisory
Silver

SELL SILVER MAY @ 241500 SL 244000 TGT 237500-236000. MCX
Observations
Silver trading range for the day is 233095-250075.
Silver prices rose after the US and Iran agreed to a two-week ceasefire, reducing fears of energy-driven inflation.
Trump stated that Washington had agreed to pause attacks for two weeks and received a "workable" 10-point proposal from Iran.
Fed is expected to maintain borrowing costs this year, reversing concerns that rising inflation could force a rate hike later this year.
US private employers added an average of 26,000 jobs per week in the four weeks.
